Sirnaomics to Initiate Phase I Study of STP705 in Treatment of Primary and Metastatic Liver Cancer

On December 3, 2020 Sirnaomics, Inc., a biopharmaceutical company engaged in the discovery and development of RNAi therapeutics against cancer and fibrotic diseases, reported that the company has received feedback from the U.S. Food and Drug Administration (FDA) and may now proceed with a planned Phase I clinical study of its leading drug candidate, STP705, for treatment of multiple types of liver cancer (Press release, Sirnaomics, DEC 3, 2020, View Source [SID1234574524]).

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The FDA has provided valuable feedback on the company’s proposed trial design for a "Phase 1 Multicenter, Open-Label, Dose Escalation Study and Dose Expansion Study to Evaluate the Safety, Tolerability, Pharmacokinetics, and Anti-Tumor Activity of STP705 Administered Intratumorally in Cholangiocarcinoma, Hepatocellular Carcinoma or Liver Metastases in Subjects With Advanced / Metastatic or Surgically Unresectable Solid Tumors Who Are Refractory to Standard Therapy." The first patient is expected to be enrolled in the study in the first quarter of 2021. STP705 is a small interfering RNA (siRNA) therapeutic that utilizes a proprietary polypeptide nanoparticle (PNP)-enhanced delivery system to inhibit expression of TGF-β1 and COX-2 in targeted tissue and cells. Preclinical animal models have demonstrated its effective anti-tumor activity for treatments of cholangiocarcinoma and hepatocellular carcinoma.

"Receiving the required feedback from the FDA now permits us to proceed with this Phase I study that represents an important step forward in demonstrating the broader clinical utility of our siRNA therapeutic candidates," said Patrick Y. Lu, PhD, Sirnaomics’ Founder and CEO. "Liver cancer treatment remains a critical unmet need globally and especially in Asian countries. Our clinical strategy leveraging STP705’s FDA Orphan Drug designation for the treatment of cholangiocarcinoma and hepatocellular carcinoma will potentially be highly beneficial to patients suffering these life threatening diseases in both the US and Asia. We are anticipating that this clinical study will contribute to the expanding clinical evidence supporting extensive therapeutic potential of STP705 against various cancers."

"Liver cancer continues to be a devastating disease for patients with high mortality and high unmet medical need," stated Michael Molyneaux, MD, Sirnaomics’ Chief Medical Officer. "This disease fits with Sirnaomics mission to bring lifesaving drugs to patients with severe debilitating medical illness. We hope to gain important insight into the potential safety and efficacy of STP705 in this Phase I trial and we expect to build on the data from this study to expand into other oncology indications."

About Liver Cancer

Liver cancer is a global health problem, with liver neoplasms representing the second-most frequent cause of cancer-related death There are many different types of liver cancers including hepatocellular carcinoma (HCC), cholangiocarcinoma (CCA), liver angiosarcoma, hepatoblastoma and others. Additionally, liver is a highly metastasis-permissive organ. It is the most frequently afflicted organ by metastasis and liver metastases are much more common than primary hepatic tumors. The distinctive biology of the liver renders it intrinsically susceptible to metastases. The true prevalence of liver metastasis is unknown, but between 30% and 70% of patients dying of cancer have liver metastases and most patients with liver metastases will die of their disease.

STP705 and Liver Cancer

Over expressions of TGF-β1 and COX-2 have been well-characterized as playing key regulatory roles in tumorigenesis. TGF-β is produced by different liver cells and is demonstrated to induce tumor cell migration and survival. TGF-β has been found to be overexpressed in metastatic HCC tissues. Overexpression of TGF-β is generally accepted to be associated with metastasis and poor prognosis. COX-2 is reported to be highly expressed in cancer stem cells and promotes cell migration in HCC cell lines. Additionally, inhibition of COX-2 suppresses cell migration and induces apoptosis. As such TGF-β1 and COX-2 are excellent therapeutic targets for treatment of liver cancer.

STP705 is composed of two siRNA oligonucleotides targeting TGF-β1 and COX-2 mRNA respectively and formulated in nanoparticles with a proprietary Histidine-Lysine Co-Polymer (HKP) peptide. Each individual siRNA has demonstrated the ability to inhibit the expression of their target mRNA and combining the two siRNAs produces a synergistic effect that diminishes pro-fibrogenic, pro-inflammatory, and pro-tumorigenic factors. Sirnaomics has completed numerous pre-clinical studies that demonstrate that inhibition of TGF-β1 and COX-2 is expected to result in the inhibition of tumor growth and provide an alternative approach for the treatment of various liver cancers. Molecular analyses of the effects of administering the combination demonstrated that the inhibition of these targets had effects on downstream gene products associated with numerous oncology targets. Additional immunohistochemistry and image analyses of the liver and tumor tissues demonstrated that animals treated with STP705 resulted in increased CD4+ and CD8+ T cell infiltration within the tumor microenvironment. Using STP705 for treatments of hepatocellular carcinoma and cholangiocarcinoma have been designated as Orphan Drug indications by U.S. FDA. STP705 has also been evaluated in a Phase IIa clinical trial for treatment of Non-melanoma skin cancer.

BERGENBIO TO PRESENT AT UPCOMING HEALTHCARE CONFERENCES IN DECEMBER 2020

On December 3, 2020 BerGenBio ASA (OSE:BGBIO), a clinical-stage biopharmaceutical company developing novel, selective AXL kinase inhibitors for severe unmet medical need, reported that members of the management team will present the company at the following virtual conferences (Press release, BerGenBio, DEC 3, 2020, View Source [SID1234574330]):

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The Nordic-American Life Science Conference

Global Markets Day section

Date: 3rd December 2020

Time: 8AM – 12PM EST

Further information can be found here: View Source
-americanlifescience.com/

DNB Nordic Healthcare Conference

The DNB Markets Session

Date: 15th December 2020

Time: Live webcasts from 9AM CET

Further information can be found here: View Source

The presentations will be made available at www.bergenbio.com after the events.

Join Notable Labs at the 62nd ASH Annual Meeting – Dec 5-8, 2020

On December 3, 2020 Dr. Michael Spinner, from Stanford University, Department of Medicine, Division of Oncology, reported that it will present at the 2020 Virtual ASH (Free ASH Whitepaper) Annual Meeting an update to the recently published article in Blood Advances (Press release, Notable Labs, DEC 3, 2020, View Source [SID1234572228]). This study used Notable Labs’ fully automated ex vivo drug sensitivity screening platform to test living tumor biopsies from patients with MDS and related myeloid neoplasms, and to identify correlations between clinical and genomic features and ex vivo drug sensitivity. Titled Correlating Clinical and Genomic Features with Ex Vivo Drug Sensitivity in Patients with Myelodysplastic Syndromes and Related Myeloid Neoplasms, this follow-up analysis involved patients evaluated at Stanford MDS Center between 2016-2020 with a diagnosis of MDS, MDS/MPN, or secondary AML. Ex vivo drug sensitivity screening defined three distinct patient clusters with differential sensitivity to numerous drug classes. Specific mutations were associated with greater ex vivo sensitivity to specific drug classes.

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To hear more about this exciting study and more, visit the virtual poster hall on Monday, December 7th from 7:30 am-3:30 pm PST.

Our Notable team will be attending ASH (Free ASH Whitepaper) this year. Schedule a meeting with our team and learn more about Notable’s proprietary automated, high-throughput, high-content, ex-vivo functional screening platform using living tumor biopsies.

Biotech Boom Continues – Silverback Ups IPO Raise to $195 Million

On December 3, 2020 Silverback Therapeutics reported that it has upped the ante on their IPO not once but twice, from an initial $125 million raise, to $151.8 million, to now setting sights on a $195 million raise, a 56% increase (Press release, Silverback Therapeutics, DEC 3, 2020, View Source [SID1234572211]). The firm will offer 10 million shares at a range of $19 to $20 apiece.

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Silverback’s technology, ImmunoTAC, distinguishes itself from the competition by developing therapies that act only at the sites of disease, sparing healthy tissues from unwanted side effects. The platform pairs payloads that modulate disease-modifying pathways with monoclonal antibodies directed at specific disease sites. Its new class of targeted immuno-oncology agents direct a myeloid cell activator, which can permeate even solid tumors that are resistant to T-cell targeted immunotherapies.

The biotech’s pipeline is made up of TLR8 agonist candidates, with the lead currently in Phase I clinical study as a monotherapy to activate human myeloid cells in HER2-expressing tumors. Preclinical data on SBT6050 showed potential to maximize anti-tumor immune responses, even in tumors lacking T-cells. An update of interim data is expected in the second half of 2021.

This year has already brought in a good chunk of change for Silverback. In March, their oversubscribed Series B raked in $78.5 million. Then September brought the biotech $85 million more in a Series C. With a successful IPO, the company will have raised $405 million since its 2016 launch.

With industry-veteran Laura Shawver at the helm, Silverback hopes to prove their merit in treating highly prevalent forms of cancer – breast, gastric, NSCLC, bladder, TNBC, head & neck and other solid tumors.

After their most recent Series C, Shawver said, "Our new investors understand our fundamental science, our goal to help cancer patients, and the value creation potential of our programs. It’s awesome to have new partners in our journey along with current investors!"

Even amidst a deadly pandemic, Silverback’s announcement brings the biotech IPO record-breaking total to around 65 biotechs according to a tracker on BioPharma Dive. And the year isn’t quite over yet. Compared to the 38 biotech IPOs in 2019 and 45 in 2018, 2020 has the Nasdaq’s head spinning.

The company will trade under the symbol SBTX with Goldman Sachs, SVB Leerink and Stifel as joint bookrunners on the deal.

How can the $23B market for PD-1 blockers grow? ‘Pan-adjuvant’ use is key: report

On December 3, 2020 Immuno-oncology drugs that block the checkpoint PD-1 have been one of the biggest success stories in the pharma industry, creating blockbusters like Bristol Myers Squibb’s Opdivo and Merck’s Keytruda (Press release, Bristol-Myers Squibb, DEC 3, 2020, View Source [SID1234572206]). The embrace of the drugs to treat many types of metastatic cancer has created a $23 billion market.

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But that market is slowing, raising a worrisome question on Wall Street: How can companies like BMS and Merck continue to fuel the growth of PD-1 inhibitors?

The answer is in "pan-adjuvant" settings, in which patients are given PD-1 blockers before and/or after surgery along with other treatments to boost their chances of beating their cancer, analysts at Bernstein said in a note to investors earlier this week. For Merck and BMS, pan-adjuvant approvals could add at least $12 billion to their annual haul from PD-1 drugs in the next eight years—with the lion’s share of that going to Keytruda, they predicted.

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RELATED: ESMO (Free ESMO Whitepaper): Merck’s Keytruda matches Opdivo on key survival metric for post-surgery melanoma

BMS and Merck have already benefited from regulatory approvals of their PD-1 blockers in the post-surgery melanoma market, which brings in $1.4 billion for the companies, split between the two, the Bernstein analysts said. But beyond melanoma, pan-adjuvant settings "are untapped territories," they wrote.

That’s about to change. Merck and BMS have pivotal trials underway in 14 pan-adjuvant indications apiece, the analysts figure.

By far the biggest of those opportunities for Merck is non-small cell lung cancer (NSCLC). Merck’s pivotal pan-adjuvant Keytruda trials in NSCLC are likely to read out next year, and, if the program is a success, it could add $2 billion to the drug’s sales, the analysts estimated.

BMS’ pan-adjuvant program, meanwhile, is narrower that Merck’s, with the biggest opportunity likely to come from the melanoma market, which could generate an additional $1.7 billion in sales. Bernstein analysts projected that pan-adjuvant use of Opdivo in NSCLC would bring in $530 million.

RELATED: Bristol Myers’ Opdivo clears signs of lung cancer in first-in-class pre-surgery win

The analysts calculated the likelihood of success for PD-1 blockers in pan-adjuvant settings based on numerous factors, including the typical rate of cancer recurrence after surgery and how effective Opdivo and Keytruda have been as single agents in metastatic cancer. They tagged PD-1 blockers as having a 75% chance of succeeding in pan-adjuvant clinical trials for NSCLC. The drugs were also given 75% odds of succeeding in bladder cancer, cutaneous squamous-cell carcinoma, esophageal cancer and triple-negative breast cancer.

Still, competition will be challenging for all the players in the pan-adjuvant market. There are ongoing trials in adjuvant kidney cancer, not just of Opdivo and Keytruda, but also of PD-1 blockers from AstraZeneca and Roche, Bernstein analysts said. And even though the analysts predict Merck will take 40% market share in NSCLC, Roche’s Tecentriq could pose a threat.

All in all, the analysts see Merck bringing in $7.2 billion in sales of Keytruda in pan-adjuvant settings by 2028, not just from kidney cancer and NSCLC but also from melanoma and other cancers. "However, the range is broad and revenue can end up being as high as $17B," they wrote, especially if Keytruda outperforms competitors like Tecentriq with its data readouts.

BMS, for its part, will record $4.8 billion in pan-adjuvant sales of Opdivo by 2028, the analysts predicted. Even though six of the company’s 14 trials in pan-adjuvant settings will read out by the end of next year, "this is a very competitive market and we don’t expect Opdivo to be the market leader," they said.

As for the overall pan-adjuvant market for PD-1 inhibitors, stay tuned, the analysts advised. "We already have some early pan-adjuvant data, but the next 12 months are the ‘make-or-break’ period for these indications," they said.